It is important to learn about every aspect of a project before you decide on it. Cold storage requires only a one-time investment, which then provides higher returns on investment. So, are you willing to establish or build a cold storage facility? Then, you must work hard to provide and calculate the cost per sq. ft. to understand the feasibility of the project. The cold storage facility requires heavy investment at first. So, What is the approximate cost per sq. ft. to build a cold storage facility and how would you calculate? keep reading below to not miss any details about the cold storage facility.
The Metric Tons - Calculation of the Approximate Cost Per Sq. to Build Cold Storage Facility
The most common way to calculate the approximate cost is to consider the metric tons of the cold storage facility. Your cold storage metric tonnes will determine this. A metric tonne costs 8000 rs in India. Land cost not included. It depends on the location of the land purchase. The scope of cold storage is good.
50 MT Cold Storage Facility - The Approximate Cost
The price per square meter for a structure like this might range from R7 500 to R10 000. The machinery needed for the cool room is not included in this. This only applies to the building’s construction, which includes the cold room’s insulation.
Be aware that numerous variables could affect the answer.
- Are automated sprinklers required by local rules for this building?
- How much space an office needs to be.
- The building’s finishing.
- The temperature that the cold room units must be at
- Recurring intake
- Necessary loading time
- How often do doors open?
- Unloading cycles
- Various methods of chilling, such as pre-conditioning or quick refrigeration
- Type of insulation and thicknesses
- Do you need a truck washer and workshop of your own for the ships?
These are the basic determinants of the cold storage facility.
The formula for Calculation of the Approximate Cost of the MT Cold Storage = 50 Ton x 360 days / Year = 18000 Annual Ton Year x 50/- per Annual Ton = 9, 00,000/
This blog is also worth reading for you:- Would a cold storage business be profitable in North India?
The 100 MT Cold Storage Facility - The Approximate Cost of the Building
If you want to build a cold storage facility with a higher capacity, you should consider a lot of factors.
The cost of the 100 MT Cold Storage facility is dependent on the type of specific cold storage facility. Some of these considerations are given below:
- What kind of goods do you wish to stock?
- What temperature must be maintained in the space?
- What should the item’s arrival temperatures be?
- What is the cold storage technology to be used?
- What type of cold storage are you building?
A 100 MT cold storage installation will require a sizable expenditure. The 100 MT cold storage facility requires a large amount of investment. You should have deep pockets before you plan to set up the cold storage facility. A 100 MT chiller may cost between Rs. 15 and Rs. 20 lakh. If you live in an urban area, it might take more than 20 lakhs. Therefore, if you want to set up a storage building anywhere, you must have the correct However, potatoes are stored in the majority of cold storage. The demand for potatoes is inelastic. So, you must consider potatoes as your main product, as they will offer a higher return on investment.
Conclusion
The cost of the cold storage facility varies according to its size and various other requirements. The construction of the cold storage facility of 50 MT requires around 9 lacs of funds. But the 100 MT cold storage facility requires 19-20 lacs of the funds.
